It’s Time To Rethink Supply Chain Risk Management
The past few years have highlighted serious deficiencies in prevalent supply-chain strategies and the major risk that disruptions pose to corporate success. Loss of sales and market share are the most visible and measurable impacts. McKinsey estimates that shocks lasting a month or longer are occurring every 3.7 years and companies can expect to lose 42% of one year’s EBITDA every decade due to supply-chain disruptions.